LIC IPO to hit markets before March 31; how policyholders can link LIC policies with PAN - See step-by-step guide

In an interaction with Zee Business earlier, Bhagwat Karad, Union Minister of State for Finance said that the LIC shares will hit the market before March 31, 2022.

LIC IPO to hit markets before March 31; how policyholders can link LIC policies with PAN - See step-by-step guide. Source: PTI

LIC PAN Linking: In an interaction with Zee Business earlier, Bhagwat Karad, Union Minister of State for Finance said that the LIC shares will hit the market before March 31, 2022. As per the proposed plan, up to 10 per cent of the LIC IPO issue size would be reserved for policyholders.

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The LIC policyholders must know that the PAN-Aadhaar linking deadline, which was September 30, 2021, has been extended till March 31, 2022. The PAN card holders must also note that they can link their Life Insurance Policies (LIC) with PAN.

In case of any query regarding the linking of LIC policies with PAN, one can login to the official LIC website at licindia.in.

The process of linking the LIC policies with PAN is not difficult at all. One has to follow some simple steps to complete the entire process. The steps for following the process are as follows:

Step 1: In the first place, one has to login to the official website of LIC at licindia.in

Step 2: Now, one has to select the 'Online PAN Registration' option which is present on the homepage

Step 3: The user now will have to keep the PAN card the list of policies to be linked in handy

Step 4: The user will now have to click on the 'Proceed' option

Step 5: The user will have to enter his or her e-mail ID, PAN number, mobile number, policy number and after entering the Captcha will have to click on 'Get OTP'

Step 6: The user will then have to enter the OTP received on the mobile number

Step 7: After submitting the form, a message will be shown on the success of the registration request.

In case of further details and query, one can login to the official website of LIC at licindia.in.

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